Discount
Dollar Tree | New 5-Year Lease
620 River Rd, Washington, NC 27889
Listing Price: $623,226
Cap Rate
7.75%
Tenant Name
Dollar Tree
Years Remaining On Lease
4.7
Gross SF
8,050
Guarantor
Corporate Guarantee
Rentable SF
8,050
Price/Gross SF
$77.42
Lease Type
Double Net
Rent Per Square Feet
$6.00
Investment Overview
DOLLAR TREE
• PUBLICLY TRADED ON NASDAQ
• INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS
• RANKED #137 ON FORTUNE 500 LIST
• 16,000+ STORES IN 48 STATES
• SALES OF $30.6 BILLION IN 2023
Investment Highlights
- NEW 5-YEAR LEASE
- VERY LOW BASE RENT
- DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
- CORPORATE LEASE WITH DOLLAR TREE STORES, INC.
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments
Financing By
Listing Price: $623,226
Cap Rate
7.75%
Tenant Name
Dollar Tree
Years Remaining On Lease
4.7
Gross SF
8,050
Guarantor
Corporate Guarantee
Rentable SF
8,050
Price/Gross SF
$77.42
Lease Type
Double Net
Rent Per Square Feet
$6.00
Investment Highlights
- NEW 5-YEAR LEASE
- VERY LOW BASE RENT
- DOUBLE-NET (NN) LEASE | MINIMAL LANDLORD RESPONSIBILITIES
- CORPORATE LEASE WITH DOLLAR TREE STORES, INC.
Investment Overview
DOLLAR TREE • PUBLICLY TRADED ON NASDAQ • INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS • RANKED #137 ON FORTUNE 500 LIST • 16,000+ STORES IN 48 STATES • SALES OF $30.6 BILLION IN 2023
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments